• The number of active addresses holding GUSD has returned to 2020 levels, while BUSD volume on exchanges has shrunk by 96% in the last seven months.
• Glassnode data analyzed by CryptoSlate shows that the U.S.-based crypto exchange Gemini and its stablecoin Gemini Dollar (GUSD) are starting to lose followers and the community’s trust as metrics fall to all-time lows.
• The BUSD volume on exchanges started to grow exponentially in July 2021 and breached 300 million in May 2022, just before the FTX collapse.

The U.S.-based crypto exchange Gemini and its stablecoin Gemini Dollar (GUSD) are seeing a decline in their metrics, according to recent data analyzed by CryptoSlate. The number of active addresses that hold GUSD has slumped back to its 2020 levels, while BUSD volume on exchanges has shrunk by 96% in the last seven months.

Glassnode data has revealed that the number of active wallets that hold GUSD started to increase at the end of 2020 and reached almost 1200 towards the end of 2021. Since then, active addresses that hold GUSD fell by 91.6% and retreated back to 100 in January 2023. This suggests that the community’s trust in Gemini and its stablecoin is waning.

Similarly, the BUSD balance held on exchanges has also recorded a significant decrease. The BUSD volume on exchanges started to grow exponentially in July 2021 and breached 300 million in May 2022, just before the FTX collapse. However, the BUSD volume started to record ups and downs after the FTX disaster and finally recorded a 96% decrease in January 2023, falling from around 260 million to just above 10 million.

The name Gemini has been on the headlines since the Terra-Luna collapse, which may be the cause of the current decline in metrics. In September of 2021, the U.S. Commodity Futures Trading Commission (CFTC) charged the two main companies behind the Terra-Luna project, Tether and Bitfinex, with fraud and misappropriation of over $2 billion of customer funds. Since then, the crypto community has been wary of any associations that Gemini has had with Tether or Bitfinex.

Since the CFTC’s charges against Tether and Bitfinex, Gemini and its stablecoin GUSD have been losing followers and the community’s trust. The current decline in metrics may be an indication of this. It remains to be seen whether the crypto exchange and its stablecoin will be able to recover from this dip in their metrics.

• MetaMask recently posted a warning about a new scam called “address poisoning”.
• This scam exploits absentmindedness when copying and pasting wallet addresses.
• Scammers use a “vanity” address generator to create addresses similar to the one the user is trying to send to, thus, the user’s funds are sent to the scammer’s address instead.

MetaMask recently warned the crypto community of a new type of scam called “address poisoning”. This type of scam is considered “rather innocuous compared to other scam types” as it relies on user carelessness and haste when copying and pasting wallet addresses. To understand how this type of scam works, one must first understand the way crypto addresses are typically presented.

Crypto addresses are usually long hexadecimal numbers that are difficult to remember and easy to mistake for other, similar addresses. To make it easier for users, wallet providers, including MetaMask, feature a one-click function to copy an address. However, this one-click function is what scammers take advantage of to perform address poisoning. Scammers observe and track transactions of particular tokens, with stablecoins commonly targeted. Using a “vanity” address generator, the scammer will create addresses similar to the one the user is trying to send to, thus, the user’s funds are sent to the scammer’s address instead.

To prevent falling victim to address poisoning, MetaMask recommends double checking the address one is sending funds to is the right one by manually inputting it in the wallet. Additionally, users should be mindful of the amount they are sending and if it is too large, they should use a multi-step verification process. Finally, MetaMask suggests not sending funds to addresses that are shorter than the standard length that wallet providers typically use.

Address poisoning is a clever scam that takes advantage of users’ inattention and absentmindedness when sending funds. It is important for users to be aware of this scam and be mindful when sending funds to make sure they are not a victim of address poisoning.

SUBMITAs sowie die Freude an einem selbstgemachten Produkt werden Sie auch:
Vermeiden Sie Mikroperlen aus Plastik, die giftige Substanzen wie Phthalate und Bisphenol A (BPA) enthalten können, die sich festsetzen, ins Wasser gelangen können UND von Fischen und Vögeln gefressen werden.
Vermeiden Sie Triclosan (ein antibakterielles Mittel), das die Hormonfunktion beeinträchtigen, zu antibiotikaresistenten Bakterien beitragen UND Fischen und anderen Wildtieren schaden kann.
Vermeiden Sie Natriumlaurethsulfat (SLS oder SLES), das in vielen handelsüblichen Zahnpasten für Bläschen sorgt, aber auch mit 1,4-Dioxan kontaminiert sein kann, das Krebs verursachen kann.
Vermeiden Sie den nächsten Kosmetikskandal – wie Mikroperlen oder krebserregendes Babypuder.
Sparen Sie Geld – selber machen ist definitiv billiger als kaufen.
Rezept für selbstgemachte Zahnpasta
Benötigte Zeit: fünf Minuten
Haltbarkeit: etwa sechs Monate

45 ml (3 Esslöffel) zertifiziertes Bio-Kokosnussöl
45 ml (3 Esslöffel) Backpulver
5 Tropfen ätherisches Öl (optional), z. B. Pfefferminze, Teebaum
2,5 ml (½ Teelöffel) Xylit, Stevia oder Bentonit-Ton (wahlweise)
Geben Sie alle Zutaten in einen luftdichten Behälter und mischen Sie sie zu einer Paste. Sie können das Kokosnussöl vorher schmelzen, damit es sich besser vermischen lässt. Ändern Sie das Verhältnis der Zutaten und der optionalen Zusatzstoffe, um die gewünschte Konsistenz, den Geschmack und das Ergebnis zu erzielen, und machen Sie dieses Rezept zu Ihrem eigenen.